News (Media Awareness Project) - US TX: PUB LTE: Cocaine Demand Lesson |
Title: | US TX: PUB LTE: Cocaine Demand Lesson |
Published On: | 2000-02-23 |
Source: | Houston Chronicle (TX) |
Fetched On: | 2008-09-05 02:45:25 |
COCAINE DEMAND LESSON
Regarding the Feb. 17 editorial, "Cocaine; Production in Colombia is
twice as large as thought": Let's see if you can learn an economics
lesson. Say this 10 times: "Demand drives production." Are you
learning your lesson? Say it another 10 times and then get down from
your pulpit and get busy cutting the demand [for cocaine] in this
country. Colombia's problems will be solved immediately. Cutting
production drives prices up if demands remains constant. Who wins then?
A.P. Duncan, Houston
Regarding the Feb. 17 editorial, "Cocaine; Production in Colombia is
twice as large as thought": Let's see if you can learn an economics
lesson. Say this 10 times: "Demand drives production." Are you
learning your lesson? Say it another 10 times and then get down from
your pulpit and get busy cutting the demand [for cocaine] in this
country. Colombia's problems will be solved immediately. Cutting
production drives prices up if demands remains constant. Who wins then?
A.P. Duncan, Houston
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